Boyd Group Services (TSE:BYD) Given New C$267.00 Price Target at Royal Bank Of Canada

Boyd Group Services (TSE:BYD) had its price objective reduced by Royal Bank Of Canada from C$294.00 to C$267.00 in a research note released on Thursday morning,BayStreet.CA reports.

A number of other analysts have also recently weighed in on BYD. Canadian Imperial Bank of Commerce raised their price target on shares of Boyd Group Services from C$280.00 to C$290.00 in a report on Friday, February 6th. Scotiabank set a C$264.00 price objective on shares of Boyd Group Services and gave the stock an “outperform” rating in a research note on Wednesday, January 14th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of C$264.25.

Boyd Group Services Trading Down 1.2%

Shares of TSE BYD opened at C$190.54 on Thursday. Boyd Group Services has a 1-year low of C$184.20 and a 1-year high of C$248.23. The business has a fifty day moving average price of C$226.81 and a 200 day moving average price of C$225.19. The stock has a market capitalization of C$5.30 billion, a P/E ratio of 257.49, a price-to-earnings-growth ratio of -56.72 and a beta of 0.40. The company has a debt-to-equity ratio of 99.84, a current ratio of 3.14 and a quick ratio of 0.30.

Boyd Group Services (TSE:BYD) last posted its earnings results on Wednesday, March 18th. The company reported C$1.24 earnings per share (EPS) for the quarter. The company had revenue of C$1.04 billion for the quarter. Boyd Group Services had a return on equity of 1.66% and a net margin of 0.59%. Equities research analysts expect that Boyd Group Services will post 7.1452646 EPS for the current fiscal year.

Trending Headlines about Boyd Group Services

Here are the key news stories impacting Boyd Group Services this week:

• Positive Sentiment: Several firms kept buy/strong‑buy views despite trimming targets, leaving large implied upside that can support investor interest — Raymond James kept a “strong‑buy” rating with a C$275 target (≈44% upside). Raymond James lowers target
• Positive Sentiment: TD Securities cut its target but maintained a “buy” rating (C$270, ≈42% upside), signaling continued analyst confidence in medium‑term upside. TD lowers target TickerReport
• Neutral Sentiment: Q4 results: BYD reported C$1.24 EPS on C$1.04B revenue; net margin was low (0.52%) and ROE was 1.91%. Investors will parse margins, leverage and management commentary from the call for guidance clues. Earnings Transcript Press Release
• Negative Sentiment: Multiple major dealers trimmed price targets today (CIBC 290→280, RBC 294→267, Jefferies 275→250, BMO 280→250 and others). Even though targets still imply sizable upside, the cuts suggest slightly reduced growth or margin expectations and are likely depressing near‑term sentiment. Analyst target changes

Boyd Group Services Company Profile

Boyd Group Services Inc is a Canadian corporation and controls The Boyd Group Inc and its subsidiaries. Boyd Group Services Inc shares trade on the Toronto Stock Exchange (TSX) under the symbol BYD.TO and the New York Stock Exchange (NYSE) under the symbol BGSI. For more information on The Boyd Group Inc or Boyd Group Services Inc, please visit our website at https://www.boydgroup.com .